"All time high in Sportsbook turnover and active customers"
“During the third quarter we saw an all time high on turnover in the Sportsbook with Live Betting as a driving force.”
“However as football results were unfavourable for sports betting operators with leading clubs winning consistently and with only a few draws in the Premier League during August and September, the gross winnings margin for the quarter was below the long term average.”
“During October the gross winnings margin has been higher than the long term average, highlighting the short term volatility of sports betting margins and that it is important to look at margins over at least one year periods.”
“Also our marketing initiatives have paid off with an all time high in number of active customers for the quarter.”
“As a result of GBP weakening against the Group’s other major currencies during the third quarter, EBITDA includes a foreign exchange gain on operating items of GBP 4.3 million. This gain is however partially offset by an unrealised foreign exchange loss on the bond of GBP 4.0 million, resulting in a positive net impact on Profit Before Tax of GBP 0.3 million,” says Petter Nylander, CEO of Unibet.
Today, Monday 2 November 2009, Unibet’s CEO Petter Nylander and CFO Henrik Tjärnström will host a presentation in English at FinancialHearings, Operaterrassen in Stockholm at 9.00 CET.
Please go to www.financialhearings.com to sign in. For those who would like to participate in the telephone conference in connection with the presentation, the telephone number is +44 (0)20 7806 19668, Confirmation Code 2674495. Please call in, well in advance and register.
The presentation is also web cast live on www.unibetgroupplc.com.
Unibet was founded in 1997 and is an online gambling company listed on NASDAQ OMX Nordic Exchange in Stockholm. Unibet is one of the largest privately-owned gambling operators in the European market and provides services in 27 languages through www.unibet.com. Today, Unibet has more than 3.8 million customers in over 100 countries. Unibet is a member of the EGBA, European Gaming and Betting Association, RGA, Remote Gambling Association in the UK and is certified by G4, Global Gaming Guidance Group. In December 2007, Unibet acquired Maria Holdings, the largest online bingo operator in the Nordic market and in April 2008 Scandinavia’s largest trotting community, Travnet.
More information about Unibet Group plc can be found on www.unibetgroupplc.com
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